Charles River adds 38 new and expanded clients in 2013

Charles River added 38 new and enhanced client relationships across investment management sectors, including private wealth and alternative investment managers, in 2013.

Broadening its private-cloud based Charles River Investment Management Solution, the company made significant R&D investments in portfolio management and trading capabilities for all asset classes, enhanced its cloud-based services offering, and opened a new global managed services centre in Dublin.

"Investment firms are taking advantage of SaaS-based systems so they can simplify operations and focus on core competencies," says Peter Lambertus, president and CEO, Charles River. "Charles River has evolved from a software vendor to a provider of a fully managed, end-to-end investment management solution. We continue to build out new and advanced capabilities for institutional and wealth managers, such as our Charles River Mobile app, integrated Investment Book of Record (IBOR), and a centralised wealth hub."